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ImproBubble

Active
Private limited companyfounded 20233 years activeKarel de Grotelaan 92, 1000 Brussel, BelgiumKBO/BCE: BE 0800.257.819
Summary

ImproBubble has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €28,465 and a net result of -€4,358. Equity is shrinking by ~16.3% per year across the filed fiscal years. Its solvency ranks better than 50% of 2,539 sector peers (NACE 85, fiscal year 2025). The computed 12-month bankruptcy probability is 1.0% (low).

Overview

Activity
Vocational training
NACE 85592
1 site
Size
€64,542total assets 2025
Equity
€28,465
Loss
-€4,358
Turnover not published (abridged schema)
Financial health
65 Healthy Checked score 2025
Bankruptcy probability, 12 months
1.0%
Structure
Accounts filed 27 days late0 of 2 deeds read
Why 65- 1 change of registered office in 24 months- Liquidity: current ratio 0.24, cash €590, halved- Founded in 2023+ Sector Education (NACE 85)Show the evidence

Checked score

Score 2025
65 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially better than 27% of its sector peers (NACE 85, micro)
Financial strength · tick = 2024
Weak
Solvency 69+2
equity 44.1% of total assets
Liquidity 23=
short-term debt 54.3% · cash 0.9%
Profitability 35+17
return on assets -6.8%
Bankruptcy probability, 12 months
1.0% Low
0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (3,789 companies)
Last 24 months 11-2024: 0.1%lowest value 12-2024: 0.4%▲ +0.3 percentage points vs 11-2024 01-2025: 0.4%● unchanged vs 12-2024 02-2025: 0.4%● unchanged vs 01-2025 03-2025: 0.4%● unchanged vs 02-2025 04-2025: 0.4%● unchanged vs 03-2025 05-2025: 0.5%▲ +0.1 percentage points vs 04-2025 06-2025: 0.5%● unchanged vs 05-2025 07-2025: 0.5%● unchanged vs 06-2025 08-2025: 0.8%▲ +0.3 percentage points vs 07-2025 09-2025: 1.0%▲ +0.2 percentage points vs 08-2025 10-2025: 1.1%▲ +0.1 percentage points vs 09-2025 11-2025: 1.1%● unchanged vs 10-2025 12-2025: 1.1%● unchanged vs 11-2025 01-2026: 1.1%● unchanged vs 12-2025 02-2026: 1.1%● unchanged vs 01-2026 03-2026: 1.1%● unchanged vs 02-2026 04-2026: 1.1%● unchanged vs 03-2026 05-2026: 1.2%▲ +0.1 percentage points vs 04-2026 06-2026: 1.1%▼ -0.1 percentage points vs 05-2026 07-2026: 1.2%▲ +0.1 percentage points vs 06-2026 08-2026: 1.7%▲ +0.5 percentage points vs 07-2026highest value 09-2026: 1.0%▼ -0.7 percentage points vs 08-2026 10-2026: 1.0%● unchanged vs 09-2026
Credit up to €1,500 at 30 days acceptable
Liquidity short (current ratio 0.24 against 0.34 in 2024; short-term debt: 54.3% and cash: 0.9% of total assets), and 55.9% of the assets are financed with debt.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 85, micro): better than 48% on solvency, 11% on liquidity, 23% on profitability and 26% on growth.

The bankruptcy probability was computed on 06-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
−lowers risk+raises risk○neutral
lowers risk · Sector Education (NACE 85)
KBO
raises risk · 1 change of registered office in 24 months
Belgian State Gazette
raises risk · Liquidity: current ratio 0.24, cash €590, halved
NBB · annual accounts
raises risk · Founded in 2023
How long the company has existed counts in the probability; how much depends on the rest of its profile.
KBO
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
232425
2023 to 2025 · latest year -€4,358
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-08-2026, 27 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 3 filings
Deviation from the deadline
2025
27 days late
2024
29 days late
2023
30 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 3 accounts on average 29 days after the deadline; the sector median for financial year 2024 is 16 days before the deadline, and 32% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 29 August (3 of the last 3 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
07-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Checked from 2021 on.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2025 · micro…
  2. Annual accounts filedfiscal year 2024 · micro…
  3. Weakest financial yearnet -€6,340

Key points

  • Caution: Among the weakest 20% on net resultsector median €7,287 · 2,541 companies -€4,358 View
  • Caution: 2 loss-making years in a rowloss fiscal year 2025 -€4,358 View
  • Total assets 20253 fiscal years filed €64,542 View

By topic

Financials

Fiscal year
2025
Total assets
€64,542
Loss
-€4,358
Solvency
44.1%
Total assets▼ 17.6%
Net result
20232025
Go to Financials

Timeline

Events
4
Since
2024
Next accounts
by 31-07-2027
  1. 30-08-2024Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Vocational trainingNACE 85592
Founded
31-03-2023
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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